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PH dollar reserves rise for sixth straight month

  MANILA, Philippines -- Foreign currency inflows nudged the Philippine dollar reserves higher in April, marking its sixth straight month of increases, the central bank said on Friday --- a development that bodes well for the strength of the peso and industries that buy raw and intermediate materials from abroad.   In a statement, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said preliminary data showed that the country's gross international reserves rose to $83.96 billion as of end-April 2019 from $83.61 billion as of end-March 2019.   "The month-on-month increase in the gross international reserve level was due mainly to inflows arising from the BS...

Keep on reading: PH dollar reserves rise for sixth straight month

from INQUIRER.net http://bit.ly/2H6dzdZ

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Motorcyclist dead in Lucena collision

LUCENA CITY ---- A motorcyclist running against a one-way street died after he collided with another motorcycle in Lucena City early Friday....